NVDA · Convergence Trade
Current Spread (mark)
updated 37s ago+0.151%higher than 50% of spread values(window 1D)
long $224.5700 · short $224.9100
Entry Spread (order book)+0.123%on $10,000
long $224.6830 · short $224.9601(average execution prices, not mark)
market median $224.6700· long -0.0%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Three scenarios: the current spread 0.15% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.50% | 1.00% |
|---|---|---|---|
| Gross profit | +$15.14 | -$34.86 | -$84.86 |
| Round-trip fees | −$7.00 | −$7.00 | −$7.00 |
| Slippage(orderbook) | −$6.58 | −$6.58 | −$6.58 |
| Funding drag(est. 1h hold) | +$0.42 | +$0.42 | +$0.42 |
| Net potential | +$1.98 | -$48.02 | -$98.02 |
Breakeven move 0.1316%·Tradeability: 1.2× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.15%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 238 samples
Current
+0.151%
50 pct
Median
+0.151%
Average
+0.151%
P25 → P75
+0.145% … +0.159%
Range
+0.115% … +0.185%
Std dev
±0.011%
Size per leg$= $20,000 total
chart range
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Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
LONG
Ondo(dex)
Ondo(dex)- Mark Price
- $224.5700
- Exchange Ticker
- NVDA-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- -33.14%
- OI
- $1.64M
- 24h Vol
- $70.32K
SHORT
Lighter Robinhood(dex)
Lighter Robinhood(dex)- Mark Price
- $224.9100
- Exchange Ticker
- NVDA-USDG
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +3.51%
- OI
- $6.90M
- 24h Vol
- $10.62M
235 long / 235 short samples · 1 day · auto-refresh every 30s